Securities / Derivatives

Securities / Derivatives

UK FCA Publishes Supervisory Strategy for Principal Trading Firms

By Mark Johnston | 05/08/2023

The FCA underlines operational resilience and Brexit’s implications among its its key supervisory priorities for principal trading firms.

Securities / Derivatives

HKEX to Launch Enhanced Block Trade Facility for Derivatives on 28 Aug

By Editors | 05/08/2023

Exchange participants are asked to coordinate with their operations team, IT team and external vendors to ensure operational and technical readiness.

Enforcement

Former Remisier Extradited from Spain to Face Fraud Charges in Singapore

By Mark Johnston | 04/08/2023

A former Maybank Kim Eng Securities remisier faces 52 charges for misappropriating SGD 13 million of client funds.

Enforcement

FSA Japan Probes Sales of Credit Suisse AT1 Bonds

By Editors | 04/08/2023

At least one Japanese investor was told around fall last year that Credit Suisse AT1 bonds were safer than stock.

Securities / Derivatives

SEBI Pushes Uniformity in Portfolio Manager Performance Audits

By Editors | 04/08/2023

SEBI mandates standardised annual audits for portfolio managers to enhance transparency in firm-level performance data.

Big Picture

BIS Paper Offers Analysis of BOJ ETF Purchase Programme

By Editors | 04/08/2023

The programme provides a short term boost to stock prices, but impacts to the securities lending market diminish its effectiveness.

Market Infrastructure

ASX Unveils Advisory Group to Navigate CHESS Replacement Project

By Editors | 04/08/2023

ASX established an Advisory Group to provide strategic advice and restore confidence in the beleaguered CHESS replacement project.

Enforcement

FSS Korea Identifies “Serious Misconduct” by PE Fund Managers

By Mark Johnston | 03/08/2023

The FSS said it will impose disciplinary procedures “promptly and strictly” against managers and executives who commit illegal acts.

Enforcement

SocGen Reaches Settlement Over Unauthorised Messaging Probe

By Editors | 03/08/2023

SocGen said it has reached separate settlements with the SEC and CFTC, both of which were “pending formal regulatory approval.”